price action forex

Price action Forex is a trading method that focuses on analyzing price behavior on charts. Especially applicable to the foreign exchange market. Unlike methods using technical indicators. Forex price action relies on direct observation of price movements. Candlestick patterns and support and resistance levels to make trading decisions. This method helps traders better understand market psychology and the driving forces behind price movements.

Applying it allows traders to recognize buy and sell signals more clearly. Optimize profits and minimize risks. This is especially important in the foreign exchange market. Where price fluctuations can be huge and rapid. It requires traders. Must have subtle observation skills, patience and a deep understanding of the market.